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Nigerian filling stations have once again reduced premium motor spirit pump prices to compete with the Nigerian National Petroleum Company Limited, NNPC, and other fuel outlets nationwide. DAILY POST gathered on Wednesday that AA…
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Oil companies operating in Nigeria have been advised to make use of their idle oilfields and assets or consider leasing them out to avert being taken away from them by the federal government. The Minister of State for Petroleum…
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NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has identified poor electricity supply as a major challenge stalling Nigeria’s electric mobility transition. The agency also pointed to high costs…
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...Wants All Culprits Prosecuted As the ripples generated by the recent alleged discovery of financial irregularities by the Economic and Financial Crimes Commission (EFCC) in the handling of the country’s refineries reverberates,…
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*Engr. Bayo Ojulari Stakeholders in the petroleum midstream and downstream sectors have expressed outrage and disappointment after the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC, Engr. Bayo…
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Federal Government has vowed to sustain its crude oil production above 1.5million barrel per day monthly average quota. Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe disclosed this…
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*Global oil flow. According to the Organisation of Petroleum Exporting Countries’ (OPEC) monthly report released in July 2025, the OPEC Reference Basket (ORB) value increased significantly by $6.11 (9.60%), rising from $63.62 per barrel…
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The move is consistent with the company’s vision of ensuring sustainable and affordable energy solutions for homes, businesses, and industries. A joint venture between the Nigerian National Petroleum Company (NNPC) Limited and…
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The Federal Government has officially commenced the process of reviewing the nation’s revenue allocation formula to meet current realities. Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed…
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The Nigerian government has reportedly met two key demands of the Nigerian Labour Congress amid a strike ultimatum. The demands are the reversal of the 40 per cent deduction from the Nigeria Social Insurance Trust Fund into the…
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